Western Insurers Cautiously Reestablish Business Ties With Iran

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An Iranian bank. Photo: The Iran Project.

An Iranian bank. Photo: The Iran Project.

Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market, although the pace of business is hampered by banking restrictions ten months on from the lifting of international sanctions.

Shut out of international financial markets for years, Iran is still trying to reap the benefits of last year’s nuclear deal with world powers.

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Source:: The Algemeiner

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